IMO, they might be jumping the gun here because:
-all available cash ought to go to paying down debt in case of any unforeseen circumstance
-the plant is producing at capacity and will be for at least 4 years
-the price of gold, lead & zinc in AUD is good now but may not be in say 2-4 years time
when there could be pressure to meet debt commitments then
In summary, IMO, we should be conserving cash and paying down debt ASAP rather than
forking out lollies on Nymagee which is 4-5 years down the track
- Forums
- ASX - By Stock
- AMI
- Ann: Nymagee Scoping Study Commences
Ann: Nymagee Scoping Study Commences, page-3
-
-
- There are more pages in this discussion • 28 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AMI (ASX) to my watchlist
(20min delay)
|
|||||
Last
17.5¢ |
Change
0.005(2.94%) |
Mkt cap ! $296.0M |
Open | High | Low | Value | Volume |
16.5¢ | 17.5¢ | 16.5¢ | $796.5K | 4.693M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 951177 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 127016 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 931177 | 0.170 |
16 | 864837 | 0.165 |
11 | 1127228 | 0.160 |
6 | 822151 | 0.155 |
6 | 556383 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 60735 | 1 |
0.180 | 168070 | 5 |
0.185 | 118016 | 3 |
0.190 | 177453 | 4 |
0.195 | 497806 | 5 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
AMI (ASX) Chart |